Sector Event: Fundamentals of Trust-Based Philanthropy: Session 1 of 2

When: 
Tuesday, October 11, 2022 -
12:00pm to 1:30pm EDT
Where: 
Virtual Meeting
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Presented by Arizona Grantmakers Forum and the Trust-Based Philanthropy Project

Arizona Grantmakers Forum and the Trust-Based Philanthropy Project are pleased to announce a 2-part webinar series for funders on the fundamentals of Trust-Based Philanthropy. In this series, we’ll explore why this approach has gained so much traction, how it can catalyze learnings and impact and what it actually looks like in practice. Participants can expect to walk away from this series with a deeper understanding of the core values and practices of a trust-based approach, clear examples of what it looks like to put trust-based philanthropy into practice and some action steps they can explore as a strategy to build more productive and mutually beneficial partnerships with grantee organizations.

Session 1: The Six Practices of Trust-Based Philanthropy
Tuesday, October 11, 2022 from 10 – 11:30 a.m. MST I Zoom

There is a values-to-practice gap in traditional philanthropy. Many foundations do their work in the name of building community, advancing equity and increasing opportunity – however our sector’s most common grantmaking practices rarely reflect those values. Project-restricted grants, unclear grant guidelines, lengthy paperwork requirements and unrealistic impact measures have come to be the status quo, with little regard for the expertise of the nonprofits we support. Not only does this perpetuate a top-down power dynamic that makes it virtually impossible to build trust and transparency; it also obstructs nonprofits’ ability to innovate, grow and achieve their intended impact.

Trust-based philanthropy offers a different approach, rooted in leading with trust rather than distrust, respecting the time and expertise of nonprofit partners and prioritizing relationship-building and mutual learning over scrutiny and transaction. In this session, we will explore the potential and possibilities of a trust-based approach and the six grantmaking practices that help advance a healthier and more equitable nonprofit sector: 1) multiyear unrestricted funding, 2) doing the homework, 3) simplifying and streamlining paperwork, 4) being transparent and responsive, 5) soliciting and acting on feedback and 6) offering support beyond the check. We’ll hear concrete examples from foundation leaders that have operationalized these practices, as they share the details of transformation, their learnings along the way and their approach to bringing along staff and boards on this journey.

This session is intended only for staff from grantmaking organizations. You may be asked not to attend if you are not of the intended audience.

For more information and to register, visit the event page.

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